E6-26 (similar to) Question Help Polin, Inc., bottles and distributes mineral water from the company's natural springs in northern Oregon. Polin markets two products: 12-ounce disposable plastic bottles and 1-gallon reusable plastic containers Read the requirements Requirement 1. For 2018, Polin marketing managers project monthly sales of 490,000 12-ounce bottles and 150,000 1-gallon containers. Average selling prices are estimated at $0.30 per 12-ounce bottle and $1.80 per 1-gallon container. Prepare a revenues budget for Polin, Inc., for the year ending December 31, 2018 Revenues Budget For Year Ending December 31,2018 Units 5,880,000 $ 0.30 S 1,764,000 1,800,000 S 1.80 Price Total 12-oz, bottles 1-gallon containers Budgeted revenues Requirement 2. Polin begins 2018 with 920,000 12-ounce bottles in inventory. The vice president of operations requests that 12-ounce bottles ending inventory on December 31, 2018, be no less 5,004,000 than 610,000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Polin must produce during 2018? Production Budget (in Units) For the Year Ending December 31,2018 G Requirements 12 oz. bottles 1. For 2018, Polin marketing managers project monthly sales of 490,000 12-ounce bottles and 150,000 1-gallon containers. Average selling prices are estimated at $0.30 per 12-ounce bottle and $1.80 per 1-gallon container Prepare a revenues budget for Polin, Inc., for the year ending December 31 2018 Units to be produced 2. Polin begins 2018 with 920,000 12-ounce bottles in inventory. The vice president of operations requests that 12-ounce bottles ending inventory on December 31, 2018, be no less than 610,000 bottles. Based on sales projections as budgeted previously, what is the minimum number of 12-ounce bottles Polin must produce during 2018? 3. The VP of operations requests that ending inventory of 1-gallon containers on December 31, 2018, be 210,000 units. If the production budget calls for Polin to produce 1,100,000 1-gallon containers during 2018, what is the beginning inventory of 1-gallon containers on January 1, 2018? Print Done
